API
< Back to all clusters
[BUSINESS] · Australia · 2 sources

started · updated

Western Australia energy debate intensifies over gas vs renewables

Western Australia is facing a significant debate regarding its energy future as the state weighs the continued development of gas resources against a transition to green energy.

A report by Greenpeace Australia Pacific and Springmount Advisory suggests that falling gas demand in Asian markets, driven by legislative shifts toward renewables and nuclear in Japan, South Korea, and China, threatens the long-term viability of gas exports. The report argues that pivoting to wind and solar could generate $987 billion in economic value by 2060 and create 24,000 jobs.

Simultaneously, a dispute has intensified over the Browse gas fields off the Kimberley coast. Woodside Energy and its partners propose developing the field, which contains nearly 14 trillion cubic feet of gas, to address potential domestic shortages expected by 2030. While supporters claim the project is necessary for energy security, the Australasian Centre for Corporate Responsibility argues that existing resources are sufficient if exporters adhere more strictly to domestic reservation policies.

Entities

Greenpeace Australia Pacific · Woodside Energy